Mbank Sa · GPW:MBK
Mbank Sa — BRE Bank — H1 2010 Earnings Presentation
68 slides from Mbank Sa's earnings presentation, Aug 4, 2010
Slide 1: Results of BRE Bank Group Q1-2 2010
Results of BRE Bank Group Q1-2 2010 Sound income generation Management Board of BRE Bank Presentation for Investors and Analysts 04 August 2010 1
Slide 2: Agenda
Agenda Summary of Q1-2/10 Rights Issue Business Environment Analysis of Q1-2/10 Results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 2
Slide 3: Highlights of Q1-2/2010 in BRE Bank Group
Highlights of Q1-2/2010 in BRE Bank Group Strong income growth: 1 +11% QoQ and +7% YoY Customer base crossed 3.5 M mark: 2 ~104 K of new clients in Q2 Level of loan loss provisions reflecting 3 lagging effect of 2009 slowdown 4 C/I ratio down to 51.2% 5 Successful capital increase 3
Slide 4: Summary of Q1-2/2010: Key Financials
Summary of Q1-2/2010 in BRE Bank Group Key Financials Profit before tax H1/10 PLN 328.8 M Profit before tax Q2/10 PLN 171.0 M ROE before tax H1/10 14.0% Cost/Income (C/I) H1/10 51.2% Capital adequacy ratio H1/10* 15.45% Core Tier 1 ratio H1/10* 10.11% */ Pro forma after PLN 1.979 billion capital inc
Slide 5: Profitability of the Business Lines
Summary of Q1-2/2010 in BRE Bank Group Profitability of the Business Lines Quarterly Result before Tax by Business Line (PLN M) Corporates & Financial Markets Retail Banking Corporates and Institutions Trading and Investment Activity +84.2% +49.6% -25.4% 109.0 42.4 81.3 39.0 23.0 26.1 Q1/10 Q2/10 Q1
Slide 6: Development of Loans to Clients
Summary of Q1-2/2010 in BRE Bank Group Development of Loans to Clients Development of Gross Loans Structure of Gross Loans Portfolio (PLN B) as at 30 June 2010 +9.2% BRE - Individual BRE - others clients 1.2% +0.6 +0.1 55.7% +4.1 BBH +14.3% +2.7% +8.7% 6,8% QoQ QoQ QoQ BRE Bank Factoring 57.9 83% co
Slide 7: Development of Deposit Base
Summary of Q1-2/2010 in BRE Bank Group Development of Deposit Base Development of Deposits Structure of Amounts Due to Clients (PLN B) as at 30 June 2010 -1.0% BRE - Individual BBH clients +0.1 0.4% 57.9% -0.4 -0.1 Factoring companies -1.6% -0.6% +10.3% BRE Bank 0.7% QoQ QoQ QoQ 97.5% 44.9 44.5 DI B
Slide 8: Business Development: Corporates & Institutions
Summary of Q1-2/2010 in BRE Bank Group Business Development: Corporates & Institutions Revenue Net Interest Income** Net Commission Income Revenue up by 22.6% QoQ (revenue before costs (PLN M) (PLN M) and by 21.8% YoY excl. LLP, PLN M) (excluding one – offs* revenue +21.8% +6.9% -2.3% up by 13.3%
Slide 9: Business Development: Retail Banking
Summary of Q1-2/2010 in BRE Bank Group Business Development: Retail Banking Revenue slightly decreased by 2.5% QoQ Revenue Net Interest Income* Net Commission Income (revenue before costs (PLN M) (PLN M) excl. LLP, PLN M) Net interest income decreased by 5.9% QoQ due to reduced liquidity premium
Slide 10: Agenda
Agenda Summary of Q1-2/10 Rights Issue Business Environment Analysis of Q1-2/10 Results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 10
Slide 11: Rights Issue Successfully Completed
Rights Issue Successfully Completed Subscription period • 3,693 subscriptions • 12.287.554 new shares Subscription • PLN 1.966m of demand 99.3% • PLN 0.5m avg. demand per subscriber Capital raise of PLN 1.979 billion Additional subscription • 578 instructions Over- • 7.050.232 new shares subscribed
Slide 12: Rights Issue: Enhanced Strategic Flexibility
Rights Issue Enhanced Strategic Flexibility New capital increases BRE Bank Group’s strategic flexibility Adjustment of Core Tier 1 capital ratio Support the implementation to potential new capital requirements, of 2010-2012 growth strategy regulatory or of the marketplace Medium-term financial targe
Slide 13: Agenda
Agenda Summary of Q1-2/10 Rights Issue Business Environment Analysis of Q1-2/10 Results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 13
Slide 14: Banking Sector Expected to Rebound in H2/10
Q1-Q2/10: Business Environment Banking Sector Expected to Rebound in H2/10 Corporate loans growth rate still negative, but drops moderated in comparison with Q1/10, whereas Household loans growth rate rebounds, household deposits growth rate corporate deposits dynamics stabilizes stabilises Enterpri
Slide 15: Recovery Gradually Gains Momentum
Q1-Q2/10: Business Environment Recovery Gradually Gains Momentum GDP growth was at 3.0% YoY in Q1/10 and is expected to remain Economic recovery was continued, excluding one-off effects of harsh around this level in Q2/10 winter on construction and retail sales Net exports Consumption Investment GDP
Slide 16: Agenda
Agenda Summary of Q1-2/10 Rights Issue Business Environment Analysis of Q1-2/10 Results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 16
Slide 17: Analysis of Results, Q2/2010: Key Financials
Analysis of Results, Q2/2010 Key Financials (PLN M) Q2/2010 Q1/2010 Change QoQ 1/ Total income 766.1 689.0 +11.2% Total cost (391.6) (354.1) +10.6% 2/ Operating profit 374.5 334.8 +11.8% Net provisions (203.5) (177.1) +14.9% Profit before tax 171.0 157.8 +8.4% 3/ Net profit 124.3 115.4 +7.7% Total a
Slide 18: Income of BRE Bank Group
Analysis of Results, Q2/2010 Income of BRE Bank Group BRE Bank Group Income QoQ & YoY Structure of BRE Bank Group Income (PLN M) by Business Line, Q2/10 +7.2% +11.2% Corporates and Trading and -/+ -43.7% Institutions; +11.7% -0.8% +691.2% +26.9% QoQ QoQ Investment QoQ QoQ QoQ QoQ 15.8 PLN 331 M; Act
Slide 19: Costs of BRE Bank Group
Analysis of Results, Q2/2010 Costs of BRE Bank Group Overhead Costs + Depreciation of BRE Bank Group QoQ & YoY Cost Structure by Business Line (PLN M) in Q2/10 +7.8% Retail +10.6% Trading and Banking; Investment PLN 181 M; +7.7% +21.1% +0.2% -2.0% Activity; QoQ QoQ QoQ QoQ 46.3% 15.2 PLN 16 M; 4% 59
Slide 20: Structure of Loan Loss Provisions
Analysis of Results, Q2/2010 Structure of Loan Loss Provisions BRE Bank Group’s Q2/10 LLP influenced by: Impairment Losses on Loans and Advances (PLN M) - Provisions on corporate portfolio negatively impacted by a few +14.9% defaults 438.8 130.5 +49.9% +21.2% -7.6% - Net release of provisions on Q
Slide 21: Agenda
Agenda Summary of Q1-2/10 Rights Issue Business Environment Analysis of Q1-2/10 Results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 21
Slide 22: Beyond Q2/2010 in BRE Bank Group
Beyond Q2/2010 in BRE Bank Group 1 Consistent implementation of new strategy Focus on profitable growth opportunities and 2 leverage cross-sell 3 Continued prudent provisioning Further deployment of liquidity & capital resources 4 in line with growing credit demand 22
Slide 23: Agenda
Agenda Summary of Q1-2/10 Update on Rights Issue Business Environment Analysis of Q1-2/10 results Beyond Q1-2/10 Appendix Detailed Results of Business Lines Additional Information: Selected Financial Data 23
Slide 24: Appendix: Additional Information
Appendix Additional Information: Page No. Detailed Results of the Business Lines Page No. Selected Financial Data & Business Environment BRE Bank Retail Banking 25-36 P&L acc. to IFRS 51 Summary of Q1/10 26 Results of Subsidiaries 52 Customer Acquisition & Volume Trends 27-28 Interest Income 53 Acqu
Slide 25: Detailed Results of the Business Lines Q2/10: Retail Banking
Appendix Detailed Results of the Business Lines Q2/10 Retail Banking 25
Slide 26: Retail Banking Summary of Q2/10: Financial Results
Appendix BRE Bank Retail Banking Summary of Q2/10: Financial Results Profit before Tax of the Segment (by quarter, PLN M) -17.2 -21.5 -19.3 -24.5 -16.3 -21.7 70.9 -16.0 -28.4 69.3 86.7 57.5 48.9 109.0 43.3 -27.1 68.2 95.3 81.3 74.0 72.7 Retail Banking - total 61.5 -37.6 11.1 11.5 29.8 mBank Cz & SK
Slide 27: Retail Banking (Poland): Customer Acquisition and Volume Trends
Appendix BRE Bank Retail Banking (Poland) Customer Acquisition and Volume Trends Data as at 30.06.2010 End of 03/10 Change End of 06/10 (M) 5 2.96 M clients 3.04 M 4 +2.7% 3 2 4.1 M 4.2 M 1 accounts +2.4% 0 Customers Accounts Private Banking MultiBank 21.7 B deposits (PLN) -0.5% 21.6 B (PLN B) mBank
Slide 28: Retail Banking (CZ/SK): Customer Acquisition and Volume Trends
Appendix BRE Bank Retail Banking (CZ/SK) Customer Acquisition and Volume Trends Data as at 30.06.2010 End of 03/10 Change End of 06/10 (thou.) 1 000 800 424.0 thou. customers +5.4% 447.0 thou. 600 400 200 0 846.4 thou. accounts +3.9% 879.4 thou. Customers Accounts (EUR M) 1 200 1.15 B deposits (EUR)
Slide 29: Acquisition of Microenterprises
Appendix BRE Bank Retail Banking Acquisition of Microenterprises* 376 thousand microenterprises serviced by BRE Bank Retail Banking Number of Microenterprises at BRE Bank Retail Banking (thou.) 94.0 96.3 86.4 90.8 78.0 82.0 73.9 Number of serviced microenterprises 62.3 up by 8.9 thousand in Q2/10
Slide 30: Deposits & Loans: Market Share
Appendix BRE Bank Retail Banking Deposits & Loans: Market Share BRE Retail Deposits BRE Retail Loans (PLN B) (PLN B) 06/10: 06/10: 5.5% 6.9% 1.4% 2.9% 3.3% 3.9% 4.8% 5.4% 5.3% 1.2% 2.1% 3.0% 4.5% 5.4% 6.9% 6.7% 25 400 35 450 22,5 32,5 350 400 30 20 27,5 350 300 17,5 25 300 250 22,5 15 20 250 12,5 20
Slide 31: Mortgage Loans: Portfolio Structure and Quality
Appendix BRE Bank Retail Banking Mortgage Loans: Portfolio Structure and Quality BRE Bank’s Mortgage Loans Portfolio Currency Structure of the Retail Banking Mortgage (Retail Banking* loans to individuals) Loans Portfolio (Household Loans) at 30.06.2010 Total PLN FX 9% Balance-sheet value 24.5 2.25
Slide 32: Distribution Network
Appendix BRE Bank Retail Banking Distribution Network Aspiro Distribution Network MultiBank Branches (in Poland) (in Poland) Total (at the end of period): Total (at the end of period): 7 24 54 67 103 161 142 134 130 35 46 72 84 109 131 134 134 133 52 58 59 61 77 54 46 44 42 27 38 34 65 65 65 4 13 79
Slide 33: mBank – eBroker, MultiBank – Brokerage Service
Appendix BRE Bank Retail Banking mBank – eBroker, MultiBank – Brokerage Service Investment Accounts 174 (thou.) 151 Dynamic growth 145 137 131 123 115 of brokerage services for 83 90 96 104 74 Retail Banking 46 62 customers 34 29 24 28 14 15 16 17 18 19 19 20 21 14 17 9 11 12 2 3 4 7 Jan March Jun S
Slide 34: BRE Ubezpieczenia (BRE Insurance)
Appendix BRE Bank Retail Banking BRE Ubezpieczenia (BRE Insurance) Bancassurance Retail Direct Insurance (Internet platform) Co-operation with BRE Leasing Gross Written Premium (PLN M) Gross Written Premium (PLN M) Gross Written Premium (PLN M) +73% +31% -7.4% 286.9 165.7 53.7 49.7 41.6 31.7 Q2/09 Q
Slide 35: Internet Platform – SUS and Insurance Centre
Appendix BRE Bank Retail Banking Internet Platform – SUS and Insurance Centre ‘It’s hard to top the Car Insurance Supermarket’ Newsweek ‘mBank’s offer is the most attractive’ Pentor Research International The Car Insurance Supermarket (mBank) 122.5 thou. was launched on 13 February 2007 car insura
Slide 36: Retail Banking (Poland): Net Sales by Quarters
Appendix BRE Bank Retail Banking (Poland) Net Sales by Quarters mBank/PL Clients Deposits Loans (thou.) (PLN M) (PLN M) +6.1% +9.9% +13.9% 66 203 75 1 061 84 1675 35 64 1 224 240 220 11 84 461 1304 -44 -443 571 2 436 13 973 2 296 12 709 13 389 10 90310 903 11 758 2 035 10 896 8 9 0 09 09 09 09 10 10
Slide 37: Detailed Results of the Business Lines Q2/10: Corporates & Financial Markets
Appendix Detailed Results of the Business Lines Q2/10 Corporates & Financial Markets 37
Slide 38: Corporates and Financial Markets Summary of Q2/10
Appendix Corporates and Financial Markets Summary of Q2/10: Financial Results Result before Tax of the Segment * Q2/07: sale of shares of Mostostal Zabrze; (by quarter, PLN M) Q1/08: Repayment of default loan ** Incl. internal settlements 321.0 14.8* *** ‘Others’ include mainly consolidation adjustm
Slide 39: Corporates and Institutions: Customer Acquisition and Volume Trends
Appendix Corporates and Institutions Customer Acquisition and Volume Trends End of 03/10 Change End of 06/10 corporate 12 783 clients +1.9% 13 026 Enterprises acc. to NBP definition Corporate Loans corporate (PLN B) 22.6 B loans (PLN) +2.7% 23.7 B thereof loans for 13.6 14.0 13.6 B enterprises (PLN)
Slide 40: Loans and Deposits – Market Share
Appendix Corporates and Institutions Loans and Deposits – Market Share* BRE Bank’s Market Share in Corporate* Loans and Deposits 01/05 – 06/10 Corporate* Deposits Volume (BRE Bank only, PLN B) 14.0 14.2 13.7 14.6 14.6 14.4 8.3% 12.9 12.7 13.3 12.5 12.2 13.1 13.3 6.3% 06/07. 09/07. 12/07. 03/08. 06/0
Slide 41: Development of Loans and Deposits
Appendix Corporates and Institutions Development of Loans and Deposits Corporate Clients’ Loan Volume Corporate Clients’ Deposit Volume (BRE Bank, PLN B) (BRE Bank, PLN B) 16.4 15.3 16.3 15.6 15.9 16.4 15.7 17.1 17.1 17.2 10% 11% 11% 13% 13% 12% 11% 12% 13% 14% 38% 44% 39% 55% 52% 49% 51% 51% 36% 40
Slide 42: Client Base
Appendix Corporates and Institutions Client Base Corporate Clients: Number and Structure 12 846 13 098 13 081 12 990 12 992 12 836 12 783 13 026 K1 946 K1 968 K1 960 K1 905 K1 908 K1 898 K1 993 K1 1062 The total number of corporate clients K2 K2 K2 K2 K2 K2 K2 K2 at the end of Q2/10 was 13 026 com
Slide 43: Cash Management
Appendix Corporates and Institutions Cash Management Cash Management – Strategic Product Line Supporting Long-term Customer Relations Direct Debit Identification of Trade Payments Number of Clients Using Cash (thou. of transactions) (M of transactions) Consolidation Services +5.7% +10.7% +6.1% 631 6
Slide 44: Products with EU Financing and Financial Instruments
Appendix Corporates and Institutions Products with EU Financing and Financial Instruments Sales of Banking Products Product Pillar with EU Financing of Financial Instruments* In Q2/10 income on loans The revenue on the Product Pillar connected with using EU funds of Financial Instruments increas
Slide 45: Leasing and Factoring
Appendix Corporates and Institutions Leasing and Factoring Intermarket PLN 7.9 M pre-tax profit in Q2/10 (+ 38.2% QoQ); Sales of significant improvement vs. Q2/09 when an extraordinary write-off Intermarket Group Companies Group (impairment in the former Romanian subsidiary brought a loss of PLN 7
Slide 46: BRE Bank Hipoteczny (BBH)
Appendix Corporates and Institutions BRE Bank Hipoteczny (BBH) Loans Portfolio (PLN M) Profit before Tax (PLN M) Balance-sheet Exposure 3 589 3 866 4 344 4 562 4 464 4 308 4 143 3 923 3958 +35% 73 76 70 63 61 70 729 58 60 +96% 73 704 726 724 702 675 625 693 574 3 567 3 757 3 668 3 521 22.5 3171 3 38
Slide 47: Dom Inwestycyjny BRE Banku (DI BRE)
Appendix Corporates and Institutions Dom Inwestycyjny BRE Banku (DI BRE) Number of Accounts with DI BRE Profit before tax at PLN 16.980 M at the end of Q2/10 End of 02/10 (thousand) compared to PLN 16.812 M at the end of Q2/09 DI BRE accounts 30.3 Sustained strong market position in main segment
Slide 48: Proprietary Investments Portfolio
Appendix Corporates and Institutions Proprietary Investments Portfolio Major Equity Investments Equity Stake at 30.06.2010 BRE Gold FIZAN 100.00% At the end of Q2/2010, Garbary Sp. z o.o. 100.00% value at cost of proprietary investments and mezzanine portfolio reached PLN 199.1 M Compared to end
Slide 49: Trading and Investment Activity: Market Share
Appendix Trading and Investment Activity Market Share BRE Bank in the Market of Non-Treasury Debt** at 30.06.2010 (PLN M) BRE Bank’s Market Share* 14771.4 in Investment Banking Services 11350.9 11416.9 6.8% 21.6% 3117.1 2378.9 1907.6 Treasury IRS/FRA Short-term Debt Corporate Debt Non-Treasury Debt
Slide 50: Appendix
Appendix Additional Information: Selected Financial Data 50
Slide 51: Consolidated Profit and Loss Account under IFRS
Appendix Additional Information: Selected Financial Data Consolidated Profit and Loss Account under IFRS PLN thou. Q2/09 Q3/09 Q4/09 Q1/10 Q2/10 By quarter Net interest income 431 487 412 052 417 535 390 537 436 254 Net commission income 158 122 162 758 152 001 173 893 172 449 Dividend income 2 822
Slide 52: Results of Subsidiaries
Appendix Additional Information: Selected Financial Data Results of Subsidiaries Profit before Tax of Consolidated Subsidiaries (PLN M) 27,4 23.1 22.5 16.7 16.8 17.0 H1/09 15.1 14.6 15.6 H1/10 profit H1/10 8.4 4.8 6.3 6.2 5.6 4.4 5.1 0.9 4.0 before tax -0.2 of consolidated nt ny i a* um nk ing u r r
Slide 53: Net Interest Income & Margin
Appendix Additional Information: Selected Financial Data Net Interest Income & Margin Interest Income Structure Net Interest Income, Q2/10 by Business Line (PLN M) (PLN M) +11.7% 842.9 828.2 834.3 821.8 859.7 32.0 -1.5 5,0 2,7 1,1 4,0 5,2 19,0 14,9 17,3 10,7 175.6 8,1 603,2 436.3 643,0 627,8 632,5 5
Slide 54: Trading Income
Appendix Additional Information: Selected Financial Data Trading Income Contributors of Net Trading Income FX Result Contributors in Q2/10 (PLN M) (PLN M) 140 Retail Banking 43.8 120 Financial Markets 100 80 Risk & Liquidity 25.6 22.4 60 Other - 40 corporate 20 K3 9.0 8.4 0 K2 0.2 1.6 1.8 -20 K1 -0.
Slide 55: Commission Income
Appendix Additional Information: Selected Financial Data Commission Income Commission Income Structure Net Commission Income, Q2/10 by Business Line (PLN M) (PLN M) 255.9 259.3 266.3 278.5 282.7 -0.9% 23,4 7.7 35,6 29,2 27,9 27,2 42,9 23,7 28,0 -1.9 20,7 21,5 40,4 39,6 41,8 41,6 44,4 99.9 30,0 30,7
Slide 56: Administrative Expenses Structure
Appendix Additional Information: Selected Financial Data Administrative Expenses Structure Structure of Administrative Expenses incl. Depreciation C/I Ratio of BRE Bank Group (PLN M) (%, as at the end of period) 363.2 364.1 458.4 354.1 391.6 12.2 82.3 15.2 54.2 14.2 13.3 15.4 59.3 52.1 51.5 51.4 51.
Slide 57: Loans and Deposits
Appendix Additional Information: Selected Financial Data Loans and Deposits Loans (PLN B, net) +1.3% BRE Bank* Market* 55.6 54.9 52.7 52.5 50.9 QoQ +9.2% +6.0% -4.0% -0.4% -3.0% +9.2% YoY +1.3% +6.5% 06/09. 09/09. 12/09. 03/10. 06/10. * Data relate to gross loans Deposits (PLN B) +14.4% BRE Bank Mar
Slide 58: Loan to Deposit Ratio
Appendix Additional Information: Selected Financial Data Loan to Deposit Ratio LtD Ratio in BRE Bank Group 141.2 125.0 113.3 84.8 77.5 73.2 The ratio of loans to deposits L/D - balance sheet L/D "real" ratio stood at 125.0% in Q2/10 Q2/09 Q1/10 Q2/10 Q2/09 Q1/10 Q2/10 However, funding policy for
Slide 59: Balance Sheet Analysis - Assets
Appendix Additional Information: Selected Financial Data Balance Sheet Analysis - Assets Structure of Assets Loans and Advances to Customers* (PLN B) Portfolio by Customer Category 88.9 (PLN B) 80.9 78.6 81.0 84.8 3.3 3.1 0.6 1.1 4.4 6.4 3.6 0.6 1.3 1.1 6.9 6.1 2,9 2,5 3.5 18.9 15.0 9.8 11.2 13.1 1.
Slide 60: Balance Sheet Analysis - Liabilities
Appendix Additional Information: Selected Financial Data Balance Sheet Analysis - Liabilities Structure of Liabilities Structure of Deposits (PLN B) (PLN B) 80.9 78.6 81.0 84.8 88.9 8.0 7.9 6.7 9.2 7.5 4.5 8.1 4.3 1.3 0.7 0.8 4.1 4.2 1.4 0.2 1.6 1.4 1.5 0.4 0.5 26.1 28.4 17.7 17.6 25.0 17.5 27.2 25.
Slide 61: Funding - Maturity of Long- and Midterm FX Loans
Appendix Additional Information: Selected Financial Data Funding - Maturity of Long- and Midterm FX Loans Significant improvement of funding profile achieved Since 2010 mid-term loans in the amount Maturity of Long- and Mid-term FX Loans by the end of 2011 of CHF 3.0 B primarily maturing in 2010 a
Slide 62: Capital Adequacy Ratio (CAR) in Q2/10
Appendix Additional Information: Selected Financial Data BRE Bank Group’s Capital Adequacy Ratio (CAR) in Q2/10 Relation between Capital Adequacy Ratio (CAR) Change of CAR under Basel II and Risk Weighted Assets (RWA) 90 15% 80 15.45% 70 13% +342bps pro 60 +82bps -96bps forma 11% 50 40 9% 30 12.17%
Slide 63: Capital Adequacy Ratio under NCA
Appendix Additional Information: Selected Financial Data Capital Adequacy Ratio under NCA Capital Adequacy Ratio under NCA Capital Requirement Q4/07 Q4/08 Q4/09 Q2/10 (PLN M) Basel I Basel II Basel II Basel II Credit risk 2 998 4 177 3 886 4 135 Market risk 93 89 46 51 Operational risk - 326 375 375
Slide 64: Loan Loss Provisions 1/2
Appendix Additional Information: Selected Financial Data Loan Loss Provisions 1/2 Net Credit and Loans Impairment Provisions BRE Bank Portfolio Quality (consolidated data, PLN M) (%) -269.1 -1 097.1 -380.5 5,5 5,2 5,3 5.1 5,45,5 5,1 5 -22 4,5 4.4 4,8 4,5 -46 4.7 3.9 4 4 -71 3.8 4 4 3.5 3.4 3,5 -131
Slide 65: Loan Loss Provisions 2/2
Appendix Additional Information: Selected Financial Data Loan Loss Provisions 2/2 Retail Banking provisions by quarters Corporates & Markets provisions by quarters (PLN M) (PLN M) 440.6 656.5 82.1 130.5 126.1 101.9 103.5 95.6 127.9 308.3 122.7 97.6 73.6 107.9 Q1/09 Q2/09 Q3/09 Q4/09 2009 Q1/10 Q2/10
Slide 66: Structure of BRE Bank's Risk Portfolio
Appendix Additional Information: Selected Financial Data Structure of BRE Bank’s Risk Portfolio Quality 3.6% 3.6% 3.4% 2.8% 2.8% 3.4% 4.8% 5.9% 5.9% 6.3% 6.4% of the Loans and Default Portfolios 100% 1.5 1.4 1.4 1.4 1.6 2.3 3,5 4.0 4.7 4.8 5.1 98.5 98.6 98.6 98.6 98.4 97.7 96.5 96.0 95.3 95.2 94.9 N
Slide 67: NPLs: Portfolio Structure
Appendix Additional Information: Selected Financial Data NPLs: Portfolio Structure* 06/10 03/10 06/09 Expo- sure Provisions % Expo- sure Provision s Expo- sure Provisions % 6.4% of NPLs % coverage % % % coverage PLN B PLN B coverage PLN B in the portfolio Regular 46.8 93.6 0.8 42.2 93.7 0.9 43.8 95.
Slide 68: Contact
Contact BRE Bank’s Investor Relations Officers at your service: Marcin Chanke Secretariat: +48 22 829 04 80 Head of Investor Relations Direct dial: +48 22 526 70 33 Fax: +48 22 829 04 88 E-mail: marcin.chanke@brebank.pl Joanna Filipkowska Direct dial: +48 22 829 04 53 Deputy Head of Investor Relatio